Anticipating future #Nasdaq moves...the bigger picture.
Overall market moves higher, but possible 15% decline that could begin at around 10600. If support holds the 8700-9000 area a 30% rally ensues towards 11600, which concludes the completion of a 5000 pt recovery cycle off the COVID19 LO's.
Overall market moves higher, but possible 15% decline that could begin at around 10600. If support holds the 8700-9000 area a 30% rally ensues towards 11600, which concludes the completion of a 5000 pt recovery cycle off the COVID19 LO's.
Note
Nearing 10600. Lets see some consolidation with potential for a fall from that area. Overall, still moving higher. #Nasdaq
#nq1!
Note
Doesn't appear that the 10600 level/area proved to be much of a stall, but for more than a day or two and so continues the run towards 11600.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.